1937-08-10 — Page 12

Daily Press 孖剌西報 All

Series Prev Next Source

DAILY SHARE QUOTATIONS

Hong Kong Stock

"Sharebrokers' Association

Muyers Sellars

Payers Jüella

ExchangeTM

MONDAY, AUGUST. 14.

******

零点臼]

19.30

***

3861

!!!!!!!

I d

145

##:

Insurances

HONG KONG DAILY PRESS, TUESDAY, AUGUST 10, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

Time Becaived

10.26

Banks

$1,570 H.K. Banks

a d

$1.910

Eitil

do. (London)

I d

E14

Chartered Banks...

2111

814)

9th August, 1937..

2331

Mercantile Bics. “A”

2931

ΕΙΔ $101

Do.

215

Bank of East Anis.....

N. O. & S. Banka

199

ith Ang. Closing Rates

.B.

་

clos

alos.

9.48 9.49 10.20 11:10 941

3.15 3.43

3300

Canton lusar 138.

$297

Antamoks......

78 79

5610 1:2

Jalon Insurudes in.)

1800

Underwriter.

Atoka

22) 93

1180 $3

H.. Firusowe

$980

Baguio Gold

101

| Esternational Asscu 5,

Shipping

Benguet Consol

*+ 10.25

10.00 10.23

Douglasės

$49+

Benguet Explor

8 bid

$81

Shekil Yaay

Big Wedge

"18

16 15

751

Indo-Chinas (pref.)

Coco Grove

#14

$42

(def.)

143

,021

113/0

Shells

113/9

Watert

$0.30

Demonstrations

Mining

E Mindanao

20/» #11

Kailsas

20/8

***

Yauszuela Gold Fida.

Docks, WharVOS, Godowns, etc.

$119 H.K. & K. Wharton.

Providents (ok)

eo ct.

Do." (00)}, $32.83 H.K. & W. Looks

169 Shangusi Docks S. #3) New Engineerias 9. Lands, Hotels, and

##!

111.45

1118

Consol Minas

G. Goldfields

Itogona

....51

Northern Mining

Paracale Gumans 34

50-

.02 092 .021 .023

17 18

;י

门

I. X. L.

68. 66

63.

Baba tes

18)

181

Min. Resources.

... 18 18

171

12.20"

05)

住

100 ola.

33 35

132)

$106

San Mauricio

*... 1.10

$1.05

1.10

Suyoc Consol

United Farscales 70 71

70 71

ния

Bul dings

36.90

H.K. Hocols tops

16.65

Market Comment,

1351

H.K., Land...

135

Do. 4% Debentures

$102

Shanghai Lands...S.

$4.90

19.

$80

China Domași

$105

*8.10

Metropolitan Lands..

H.K. Belts

Do. DebentatrvaŠ.

Humphreys

Chizome Butatos...

Cotton Mills

Sha Cottons(uk)S.

$11.90 Chins Lights (old).....|

Chica Buss.....S.)

$141

F Uncertain

12 8 2216 12 || 178

184

༄། ། །.༄། སྐྱ། |ལྦ། 1 སྱཱ ! |

3.10

1,03

PHILIPPINE MINING NEWS

Among the prominent investors and incorporators of the several mining companies in the province are: Sotero Baluyot, Gonzalo P Nava, Manuel Alzate, Dr. Antonio Solls, Servillano de la Cruz, Dr.

de Venencia Qualberto

and Feliciano Nable.

Activities of the mining com- panies in Calasto indicate con- fidence in the industry. Most of the companies are now doing ex- tensive exploration work on their respective properties. Besides the companies already existing. the western part of the province is staked with hundreds of register- Thomas .I Weeks, president $85

ed manganese, chromite, copper of the Batong Buhay Gold 527

and gold claims. Among the min- $13

Mines, Incorporated, accompanied

who $18.30 ing companies operating at present by his

John, $501 are the Agno Minerals Company, also a director of the company, Philippine Minerals, Company, Ca- left recently for an inspection meron Chromite Company, Central trip to the company's mines in 11.30 Luzon Minerals Company. Feliza Balatok, Lubuaran, where an in-

Mines Company. Nipa Copper Grove Mining Company, and Takip Placer Mining Company. A host of other smaller mining companies whose properties are not yet being explored are scattered throughout the province.

$29.40

$41.

$10

114

$115

· 334

Zoong Sings.......

480

Wing On Textiles J.)

Ewo Cotton Rts. S

$34 $79 $1.00

Pubite Utilities

I d

$14 6 Tramways

x d

Pook Trams (old) .......) 55

Do. (new)... $9. Star Ferries

x d

***

Yannati Ferries ....

$13.70

(new)...

180

H.K. Electrica ......

$184

Macao do.

3144

Sandakan Lights ... $29.00 Telephones (old)

$11.60

(new)

$121

24-

Tractiona

13/

Do. (pref:)

Industrials

$16

Caldbeck, Lord.] 8.

515

35.20

$28)

15120

31.00

Do.

new) 30 rts.

38,68

laue Crawford

Nanyang Tobacco...

$8.00, $6.80

$2.60

Rinceros n

$0.40

Watsons

3. C. Enterprises...

25.35

$19

CL.G.61995G, Bd

preu. 812

26%

$108x-int. $1018

109

eat

***

80 cta

40 ots

。་

рге.

Macgregor (pref.)8.

Canton Idea

$15.10 Cements

30.5 Hopes...am

Miscellaneous.

$261 | Dairy Farma ..... ..

Ch. E'tainmoute... $4,80 Constructions, (old)

ILE. Gost, 4%

Do. 84%

Wallado Harper A.K Wing Oo

'bai Do

Vibro Piling TOTHELE 28-Maruman's Ir v. (Lon)|

7.6

Waz. Fowells

(H.K.)

40 ota.}

*Salea to Shanghet

LONDON EXCHANGE RATES

Paris

Geneva...4

Berlin

Athens

Milan

Copenhagen

Stockholm

(British Wireless Service)"

August 5 130-53/84

12.371

Aug. 7 132-55/64 21.70% 12.30

94-11/16

4.98-11/16 9.041

Shanghai

New York

4.981

Amsterdam

0.031

Vienna......ipagages

Prague

1427

143

Madrid

Lisbon

Bong Hong

Bombay

Montreal

4.98-1/16

Brussels

29.581

· 4.981 22.611 1/2

Yokohama

Belgrade

Monte Video R10

Bucharest

Silver (Forward) Bilver (Bpot)

War Loan

20-1/16 20

31% 100-3/16-

Closing Quotations

August 9, 1937. LONDON:-- Telegraphis Transfer... Bank Bills, on demand 1/2 Credits. four months'

sight

ON SHANGRAY':-

On Demand

Ox Naw four-

16:

| $100 $4.90

Bank Billa, on demand 30. / 6. Úredite, 80 days' night. 31 1/18 ON BATAVIA

On demand

OX PARIN:-

1/3

1331

Bank Bills, on demand 815 Credits, 4 month's sight 566 Ox 84100N!--

ON SINGAPORE

On-demand

819

On demand

52.5/16

OW MANILA:÷

Og" Járás S

O Barako

On demand

1051

On demand ...

150

Bovrazia

Bank" Buy

BAR SILWER, par ok

The properties of the Feliz Copper Company at the murii- cipalities of Mangatarem Bugallom and Salasa are trader process of extensive development work. A large number of labourers are em- ployed to open up a trail leading to the mine after which actual development work in the claims

son

tensive development programme is now being undertaken under the direction of general superin- tendent Earle W. Berry.

Salacot Mining Company will hold a general stockholders' meet- ing on August 12 in the American Chamber of Commerce Building.

Antamok Goldfields produced P461,466.42 during July, from 21,397 tons of ore milled, the Manila office of the Berlano announced,

Masbate Consolidated, anoter treated of the Soriano group. 61.829 tons of ore and produced F248,502. The tonnage was the most ever treated by this plant in one month, »

will be started Several buik- houses have already been con- structed.

Surveys of mining engineers who Demonstration produced P129.- visited the province recently, indi282.37 as its July output. A: W. cate that the province is rich in Ralston, president, reported last manganese and copper ores.

week.

PRODUCTS WEEK WEEKLY MANILA

PARADE IN MANILA

LETTER

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

BANKS

HONG KONG, AND SHANGHAI | THE CHARTERED BANK OF INDIA -

BANKING CORPORATION

Authorised Capital

$50,000,000

Issued & Fully Paid-Up $20,000,000 Reserve Funds:-

Sterling...

"Hong Kong Currency

Rosarvetr

Reserve Liability of

Proprietor

..£6,500,000

AUSTRALIA AND CHINA Incorporated by Royal Charter 1833

HEAD OFFICE: LONDON: $8. Bishopsgate E.C.2.

$10,000,000 | Paid-up Capital.,

Reserve Fund #20,000,000 | Reserve Liability of Pro-

Head Office:-HONG KONG

Board of Directors.

G. Miskin, Esq.

Chairman.

Hoa. Mr. M. T. Johnson, a

Deputy Chairman,

J. K. Bousfield, Esq.,

8. H. Dodwell, Esq.,

A. H. Compton, Esq.,

J. R. Mason, Esq

E. S. Morrison, Esq.,

Hon. Mr. J. J. Paterson,

T. E. Pearce, Esq.,

A. L. Shields, Esq.,

Sir Vandeleur M. Grayburn,

Chief Manager.

Amoy

Bangkok

Branches:-- Iloilo Ipoh

Batavia Johore

Bombay

Kobe

Paiping Penang Rangoon Saigua

Calcutta

Canton

Chafoo

Colombo

Dairen Foochow

Kowloon San Fran- Kuala

cisco

Lumpur Shanghai London Singapore Lyons Sourabaya Matacos

Sungei

Patani Tientsin

Haiphong Manila

Hamburg Muar

Hadkow

Harbin

(Jobore) Tokyo Mukden Tsingtao

Fongkew

New York Yokchama

Current Accounts opened Local Currency and Fired Deposits received for one year or shorter periods in Local Currency and "The price for Ready. Silver was Sterling on terms which will be unchanged yesterday but the For-quoted on application.

Also up to date Safe Deposit ward rate dropped 1/16, the quota-Boxes in various sizes To Let. tions being 20 for both deliveries. Silver advices reported India as having sold. A small business was done. The market was quiet,,..

The London-New York cross-

Hong Kong, 19th May, 1937.

HONG KONG SAVINGS BANK

܇܆܇

rate was quoted at 498.80. New conducted by the York-London was higher at 499.- 1/4..

MARKET Quiet, the undertone was not robust.

IN STERLING Business was done during the course of the morning at 1/2 27/32 for forward and cash. 1/2 13/18 was also done for December de- livery. The market closed at 1 p.m. with sellers at 1/2 13/16 August-December. buyers at 1/2 27/32 for any delivery.

U.S. DOLLARS

شرکی

HE Businem of the "above

HONG

KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application,

For the Hong Kong & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Managér. Hong Kong, lat March, 1937.

BANK OF EAST ASIA, LIMITED.

priators.....

£3.000.009

£1.000.000

£3.000.000

MANCHESTER BRANCH: 71," Mosley. Street. Manchester.

AGENCIES AND BRANCHES :

ALOE STAR ILOILO AMRITSAR

BANGKOK BATAVIA

BOMBAY CALCUTTA

LUMPU'R

BAIGON

IPOH

AEMARANG

KARAOHI

KEREMBAN

KLANG

SHANGHAI

KOBR

KUALA

BINGAPORE

BITIAWAN O

CANTON - CAWKPORE

SQU BABAYA1

KUCHING

„TAIPING

COLOMBO DELHI

MADRAS MANILA.

FIRSTLIN

TONGEAR

MEDAN

(Bbuket)

HAIPHONG

NEW YORK

TRINGTAO

HAMBURG

PEIFING

TOKOMAMA

HANKOW

OKÁD

MARSIN

(Peking) MGANGA PENANG

HŨNG TONG SAN0003 .

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods at rates which will be quoted on applica tion.

The Bank's Head Office in Lan- doo undertakes Executor & Trustee business, and claim recovery of British Income Tax ovärpaid, on terma which may be ascertained as any of the Agencies and Branches

B. W. ROBERTS,

Manager.

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STEKET,

NEW YORK.

American Bank offering com plate Foreign Banking Service in the principal Markets of the world.

Interest Estes on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CRASH NATIONAL BANK, NEW YORK, with Resources over U.S. $2,500,000,000,

D. M. BIGGAR

Manager.

5,598,600 00 THE YOKOHAMA SPECIE BANK

Authorised Capital ...$10,000,000.00 A small business was reported Paid-up Capital

Reserve and Undivided,

Profits

HEAD OFFICE:-Hong Kong No. 10, Des Voeux Road, Central,

at 30 13/16 for September delivery. The market closed at lunch time. with sellers at 30 13/16 August-

September and 30 3/4 October and probably November, buyers at 1/16 higher respectively.

SHANGHAI DOLLARS Sellers at 104 1/8. buyers at 104 1/4 for Spot.

SHANGHAI MARKET There were sellets of Sterling for Spot at 1/2 1/4, buyers at 1/2 17/64 for spot. U.S. Dollars, sel- lers at 29 0/18, buyers at 20 19/32 for Spot. The market was quiet but steady.

3,776,796.76

Board of Directors:-

Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan cang, Esq. P. H. Kwok, caq. WongChaSon, esq. Wong Yun Tong,sq. Kan Ying Po, Esq.

LIMITED

Capital (fully paid up)

Yan 100,000,000 00 Reserve Fund... Yen 132,650,000.00

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES ATN Chan Ching Shek, FungPingWah, Alexandria Honolulu Rangoon

Bangkok Hsinking Biodo Batavia

Janeiro Karachi Barlin

Kobe

San Bombay London Francisco.

Los Angeles Seattle

Calcutta

Canton

Manila Samaring

Esq.

Eay,

Kan Tong Po, Kaq., Chief Manager. Li Too Fong, Esq., Manager.

Branches and Agencia —

IN THE AFTERNOON The market was quiet in the afternoon, the undertone was not 'robust.

Amoy Bavaria Ecanbay

Kowloon

Pesac

Surabaya

London

-Manila

Eangoon Selena

Swalow

Sydney

Cufontía

Malbourne Ben Fran

Talhoku

Cathed

Haiphong

Backy Honolulu

Xork! New York deacția Dasks

Tiental

Tokyo

Priptor

Semarang Bhangbad Sngapore

TOOTH

| Hamburg Osaks

Tokohama

Hankow

Other

ال

Dairen Moji

Shanghai

(Dalny) Nagasaki Singapore

Fengtion Nagoya Soerabaya

(Mukden) New York Sydney

Harbin Parin Hong KongFeiping

Tisatsin

Tokyo

Tsingtao

Yinkow

Every description of Banking

Interest allowed on Current An- and Exchange business transacted.

counti

· an approved

for Fized Deposite received securities.

Current Accounts

Perioda at rates to be obtained ou opened in Local Currency and Fixed De application, posits received for one year or

Y. KANO,

and

Manager.

STERLING Business was done in the after-Ko The following weekly market noon at 1/2 13/18 for October, Jetter is forwarded us by Messrs. November. The market closed with Ten Arms have already notified Ellis. Edgar & Co., Manila:- sellers at 1/2 13/16 August-Octo- the bureau of commerce of their

ber and 1/2 25/32 November Loans granted The weak tendency contintied in decision to put up commercial or

the market during the week ander December, buyers at 1/2 27/32 for allegorical Boats and participate in the parade to be held on the review in lighter trading. Though any delivery.

U.S. DOLLARS afternoon of Aug. 21 in connection averages reached a new low for the

The market closed with sellers shorter periods in Local year-92.42 on Friday, the action with the celebration of the coming of the market was more encourag at 30 13/16 August and 30 3/4 Bey-Foreign Currencies on terms which Hong Kong, 10th March, 1937. Made-in-the-Philippines-Products ing than for many weeks past. tember-October buyers at 20 7/8 will be quoted on application. Week, according to officials of the Two rallys were staged. one on Cash. 30 13/16 September-October Safe Deposit Boxes To Let burcau in charge of the parade. Re-

Wednesday and the second to-day, and 30 3/4 December. A small ceipt of more notifications is ex-resulting in averages regaining 3.20 business was done at .30 13/16 pected in a few days as many points from the low yesterday. September. firms and commercial houses have The tone at the close was firm, with previously signined their intention many unsatisfied buyers, for pro- to join the parade the first of its kind to be staged here.

Industrialists Merchants,

and manufacturers see in the proposed parade a medium for an effective: advertisement of their products of goods. They view it as a means by which they could present or in troduce to the buying public their goods in a most presentable and artistic manner porabic,

ducing mines, in evidence.

The 8.C. & F. Gold Share Average closed at 95.62 for a net loss of 9.44 points.

Total sales for the week amount." ed to 26,988,480 shares, with: an ap- proximate value of P.3,813,208, as compared to 29,330,510, of an ap- Proximate value of P.4,685,623, for the previous week.

Firms and merchants who, have

Sales of unlisted stocks were re- previously signified their intention Ported at the following prices:-. Fuver .035 .034, G. Shares PL. .075, of joining the parade but have. solo, .02 Mind Mg 09 Rio Verde

to date communicated to the bu- reau of commerce their formal de0525, 08 and Virac .05.

DIVIDEND

cisions are advised by the mem- bers of the executive committee in charge of the parade to commu- Mine Factors, Inc. 10 per cent. nicate in writing not later than Payable August, 27-fully paid stock August 19. Communications to this as of August 22, effect should be sent to the mem- bers of the committee, Julian Bal- maseda and Filomeno Sta. Ana both of the bureau of commerce, or to Manuel Gallego, chairman of the committee,,

8.C. & FS GOLD SHARE

SAGAVERAGE" EN

Monday: $807, Tuesday: 95.25, Wednesday: 38.3, Thursday: 88,86, Friday: 12.42, Baturday::: $5.62) --

H. K. STOCK

EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

The market continued very steady.

Bargain hunters seemed inclined to raise their prices slightly. To f The Manlia market continued arm, at the improved level attain ed at the end of the previous week,

BUTERS. Douglases, $48).. Union Waterboats, $0.30. Chinese Estates, $90. Peak Trams (Old), $5. Peak Trams (New), $21. Star Ferries, $88ż X.D{y; » Wm. Powell, Ltd.;:40 cts. 10° Constructions, (New), 50 cts, ELK, Govt. 31% Loan, 1% Prem: Wallace Harpera, $8.

KAN TONG PO,

Chief Manager.

GOLD. COINS OF THE

-NEW REIGN

A Departure From The Proclamation

TRADE SCHOOLS IN MALAYA

Mr. Jess of the Trade School, Ipoh, gave a talk recently to the members of the Literary Society of the Anglo-Chinese Continuation Bchool on the subject of Me- chanical Engineering. The speaker A home correspondent writes: stressed that those who take to The Royal Mint has begun to issue mechanical engineering should the special sets of the coins of the not be afraid of hard work and present reign. which have been should be simbitious to rise in the struck on burnished blanks from profession. Boys trained in the ehe gold five-sovereign plece down Trade School had been highly to the bronze farthing with its successful in obtaining employ- wren on the reverse.

ment and he realised that there Although in the Proclamation of was-a-wide field open to students March 18 giring legal currency to trained in this school. As far as the new coins it is laid down that | skilled - labour is concerned,... the the gold pieces are to have a speaker said, Malaya is In...ite-in- graining on the edge, as is the case fancy and up to very recent times with the silver colns of and above had to import all her skilled the value of sixpence, the four gold labour from Europe, India and coins-half movereign, sovereign, China, but now the position is double sovereign, and five sover- that, though the employer is stili eign—in" "each""" set have smooth somewhat suspicious of local s12471- edges like the bronze, the small en labbur, it was being reallaed ativer from the groat downwards that local boy trained in the trade and the experimental dodecagonal schools of the country proved quite threepenny, plece.

1937-08-10 — Page 12

Comments

Private Research Note